Russian drugmakers to increase investments in clinical trials

5 July 2016

Russian pharmaceutical companies plan to significantly increase the volume of investments in the conduct of clinical trials of their drugs over the next few years, according to recent statements of drugmakers.

To date, certain companies have already increased the volume of investments for clinical trials, reports The Pharma Letter’s local correspondent.

For example, Biocad, one of Russia’s leading drugmakers, last year increased the volume of investments in conducting clinical trials by more than five-fold - up to 1 billion roubles ($15.6 million), compared to previous years, considering further increase this year.

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